Unfortunately for them, people did not listen to financially savvy people that one should save 10% or more of their salary for their future after all their bills are paid. I don't know what the statistic by AARP is at the moment but many people don't have 25K in savings when they are ready to retire.
It's sad that so many people didn't take advantage of the tax deferred options that companies offer or other investment opportunities. I have heard the sad lament that so many people have said, "I don't have enough in my paycheck to put away, any savings".
Some people have it backwards saying they will save after, (fill in the blank), and realize too late in life they should have saved more.
I always say, "it doesn't pay to be stupid about money".
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"It doesn't cost "nuttin", to be nice".  MOM
I just want to do the right thing! Uncle Joe, (my hero).
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